Chapter 006

Chapter 006

2003 -- S 0163

Enacted 01/30/03

 

A N A C T

AUTHORIZING THE CITY OF CRANSTON TO IMPOSE A SUPPLEMENTAL TAX FOR

THE FISCAL YEAR 2002-2003

       

     Introduced By: Senator Stephen D. Alves

     Date Introduced: January 29, 2003

 

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. In order to maintain a balanced budget and to prevent the deficit now

projected for the current fiscal year, and notwithstanding any provision of law, general, special,

any provisions of the home rule charter of the City of Cranston, any municipal ordinance or

existing judicial decision, the City of Cranston is authorized to levy an additional tax on the

ratable property of the City, including motor vehicles and trailers for the current fiscal year in

such sum, not to exceed thirteen million dollars ($13,000,000), as shall be set by ordinance or

resolution of the city council, with the approval of the mayor. Such additional tax shall not be

subject to the provisions of section 44-5-2 of the general laws. Said tax shall be apportioned upon

the assessed valuations as determined by the assessor of the City of Cranston as of December 31,

2001, and the resulting tax roll shall be certified by the assessor of the City of Cranston to the

collector of the City of Cranston, as soon as practicable. Within fifteen (15) days succeeding the

certification the assessor shall cause to be published in a newspaper of general circulation within

the City of Cranston, the rate of tax and the percentage of fair market value employed in assessing

the tax on manufacturer's machinery and equipment. The City shall provide for the payment of

said tax in installments as follows:

     Said tax may be paid in one (1) installment on a date as shall be set by the city council by

resolution, but no later than June 30, 2003, and shall carry penalties and interest as by ordinance

the city council shall prescribe.

     In all other respects, the provision of chapters 44-5, 44-7, 44-8, 44-9 and 44-34 of the

general laws shall be applicable to the assessment, levy and collection of said tax as far as apt.

     SECTION 2. This act shall take effect upon passage.

     

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LC01331

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